No matter where you focus, you'll have company.I buy single family homes in one target zip code, drilling down into a select few neighborhoods by a development I believe is going to create extreme appreciation and elevate the type of tenant looking to occupy the walkable dwellings.

Since trust is a different tax payer (has its own TIN), will this trigger capital gain tax dues?

And one last thing that hasn't been mentioned yet is that most mini splits aren't ideal/appropriate for heating in extremely low (below somewhere around 20F) temperatures, the specs will all list the temperature range.

When I finally got a hold of the company operating the laundry machines (after a few months of them coming by just to get the money and paying zero to us or the old owners), they sent me the a copy of the contract which (oh what a surprise) is an extremely predatory one.

The sale triggered an alert and The Board of Education has filed a complaint against the County Auditor's tax value of the property for the last two years. 

There were even 3 vacant spaces that were extremely easy to fill.

Just off the numbers alone, I would not pull the trigger on any investment that does not immediately cash flow, unless future appreciation or immediate equity grab (i.e buying at a discount) is guaranteed.  

I don't know how much of each they will give me yet but it will be very beneficial as my cash reserves are extremely low because of a disaster flip I am currently going through. 

The market in this area (and likely most of Houston) seems extremely hot with most houses renting out for only ~0.6% of their value.

Things feel like they're going extremely well.